Deputy General Manager / Assistant General Manager jobs in Delhi at Insolvency and Bankruptcy Board of India

No. IBBI/HR/252

Appointment of Deputy General Manager (DGM) and Assistant General Manager (AGM) on deputation. The Insolvency and Bankruptcy Board of India (IBBI),a statutory body established under the Insolvency and Bankruptcy Code, 2016, invites applications for 04(Four) posts of Deputy General Managers (Grade ’D’)/Assistant General Managers (Grade ‘C’) on deputation from eligible officers currently working in Central Government, State Governments, Public Sector Units or Autonomous Organizations.

Pay and Allowances:a. Remuneration: IBBI has adopted pay on the pattern of SEBI pay scales for its executives. The present pay for Deputy General Manager (Grade ’D’) is Rs.68,500-2,150(2)-72,800-2,250(6)-86,300 (9 years) and that for Assistant General Manager (Grade ’C’) is Rs. 49,000-1750(3)-54,250-1900(2)-58050-2000(4)-66050-EB-2000(2)-70050-2150(1)-72200 (13 years). Other benefits including House Allowance, Transport, LFC and Medical Benefits will

be admissible.

b. The officers will have an option to retain the pay scale, personal pay, DA of his original employer along with deputation allowance or select pay scale of IBBI. The option once exercised will be final.

Eligibility for Deputation:a. Officers of RBI, Banks, Financial Institutions, Regulatory bodies, statutory bodies and academies: Officers with not less than 11 years of experience in Officer Grade applying for DGM and Officers with not less than 08 years of experience in Officer Grade for applying for AGM.

The Insolvency and Bankruptcy Board of India was established on 1st October, 2016 under the Insolvency and Bankruptcy Code, 2016 (Code). It is a key pillar of the ecosystem responsible for implementation of the Code that consolidates and amends the laws relating to reorganization and insolvency resolution of corporate persons, partnership firms and individuals in a time bound manner for maximization of the value of assets of such persons, to promote entrepreneurship, availability of credit and balance the interests of all the stakeholders.

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